In reviewing the city’s economic base Fitch noted, “The city’s 2015 population of 128,422 has realized a rapid 10% compound annual growth rate (CAGR) over the past 15 years and its median household income exceeds that of the U.S. by 16%.”

In commenting on the city’s operating performance Fitch reported, “Fitch expects Surprise to maintain a high level of financial flexibility through economic downturns based on its ample revenue raising capacity and solid financial flexibility, supplemented by its ample reserves.”

“We are very pleased with this news,” says Finance Director Lindsey Duncan. “In following the financial policy direction as set by City Council, we have been able to do an amazing job of managing city revenues in a responsible manner and these favorable ratings verify that.” A city’s credit rating is important due to its impact on interest rates in the bond market. A better rating means the city can sell bonds to finance capital projects and pay a lower interest rate to the buyer.

Event date: February 22, 2018 Event Time: 06:00 PM - 08:00 PMLocation: 13165 N. Autoshow AvenueSurprise, AZ 85388Description:Join Councilmember Patrick Duffy to discuss the issues that are important to you and learn more about what’s happening across the city.

Event date: February 28, 2018 Event Time: 06:00 PM - 07:00 PMLocation: 16418 N Bullard Avenue Surprise, AZ 85374Description:This is a request for a Conditional Use Permit (case FS17-731) to allow for a new Major Vehicle Repair facility in approximately 2.9 acres generally located north of Bell Road and east of Dysart Road.